Norway vs Spain: Remittance inflows to GDP
Remittance inflows to GDP over time
- Norway
- Spain
How they compare
Spain currently reports 0.2% against 0.2% in Norway, a difference of 0.0%.
That makes Spain's figure about 1.4 times Norway's.
The two have swapped places 2 times across 46 shared years of data; in 1975 it was Spain ahead.
Norway ranks 163rd and Spain ranks 160th of 196 countries.
Across the 6 decades both report, Norway averaged higher in 1 and Spain in 5.
Head to head by decade
| Decade | Norway | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.1% | 1.1% | 1.0% | Spain |
| 1980s | 0.2% | 0.7% | 0.5% | Spain |
| 1990s | 0.2% | 0.4% | 0.3% | Spain |
| 2000s | 0.2% | 0.1% | 0.1% | Norway |
| 2010s | 0.2% | 0.2% | 0.0% | Spain |
| 2020s | 0.2% | 0.2% | 0.1% | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Norway or Spain?
- Spain, at 0.2% against 0.2% in Norway as of 2020.
- What is the difference in remittance inflows to gdp between Norway and Spain?
- 0.0%, with Spain ahead.
- How many years of comparable data are there for Norway and Spain?
- 46 years are reported by both, from 1975 to 2020.
- How do Norway and Spain rank globally for remittance inflows to gdp?
- Norway ranks 163rd and Spain ranks 160th of 196 countries.
- Where does this data come from?
- World Development Indicators (WDI), World Bank, published as Remittance inflows to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.